Total Cost of Ownership

ecosyn®-fix screws give you reliability and efficiency so you can save time for your many other tasks. ecosyn®-fix can save you assembly time and management costs as well as give you reliability in your application. Let’s take a deeper look at how ecosyn®-fix screws do this.

Cost Savings
The reason ecosyn®-fix screws are used worldwide is because they truly do save you money. These screws were built to decrease preparation times and create a faster assembly. This is achieved because the ecosyn®-fix screw is one fastener instead of many; ecosyn®-fix combines a screw, a helical spring and a flat washer all into one fastening solution. This allows you to save money on materials by reducing your bill of materials, and also save significant amounts of time, reducing labor costs.

Reliability
With the ecosyn®-fix screw, you also get increased reliability. Your products will be able to hold up better and they will truly be something you can count on. One of the key aspects of this increased reliability is the integrated washer. This washer is shake-proof and vibration-resistant because it’s already attached to the screw. Other advantages of the integrated washer include reduced risk of crevice corrosion, optimum bearing area to cover elongated and large through holes and joint relaxation is compensated.

We work to develop solutions to some of the toughest fastening problems. Sometimes the problems are less about the fastener itself and more about cost and time savings. With the ecosyn®-fix screw you get both cost and time savings with one easy-to-use product. This product can help you fill in the gaps in your project easily and efficiently.

Contact us at ProvenProductivity@bossard.com if you have any questions about the ecosyn®-fix screw or any of our other fastening solutions. We work to make your life easier, so let us know what you think of our solutions.

In previous blog posts we’ve discussed Bossard SmartBin and how it can help with efficiency and convenience in your company. We’re bringing the subject up again because there’s another important aspect of this system to consider. Continue reading to learn about how Bossard SmartBin can save you both time and money.

At Bossard, we understand how valuable time and money really are. It’s our goal to help make your work flow as efficient as possible. That’s where Bossard SmartBin comes in.

But, just how is the SmartBin going to help save you time and money? Look at our list below:

continuous inventory monitoring by means of weight sensors

safe and reliable demand recognition

automatic ordering

automatic recognition of box refills

operate 24/7

inventory lists at the touch of a button

access to online platform (ARIMS)

transparent order and consumption statistics

These bins continuously monitor inventory with weight sensors. Once your stock gets to a certain level, it will automatically recognize that it’s ready for a refill and will go ahead and order. This maintenance-free program helps to enhance profitability by ensuring there are always products ready to be sold. However, it’s not just the profitability that is going to be enhanced. Since the SmartBin doesn’t need manual intervention, this saves employees time to work on core activities and help increase your efficiency.

Bossard Proven Productivity is dedicated to helping our customers through innovation and sharing our quality products. If you have further questions about the Bossard SmartBin and the SmartBin benefits, take a look at one of our additional blogs on the subject or email us at ProvenProductivity@bossard.com.

It’s important to us here at Bossard to be transparent in all that we do. The purpose of this blog is to outline the total cost of ownership (TCO) in fastening. An individual fastener isn’t responsible for its total cost. There’s a lot that goes into the production of the parts and that’s where the majority of that cost comes from.

We best explain this when referring to something we like to call “The Rule of 15-85.” Those numbers represent the percentages of costs that go into a fastener.

85 percent of costs come from the development, procurement, testing, inventories, assembly and logistics. We call this 85 percent the “invisible costs” because they aren’t visible to our consumers. You all don’t see the work that’s occurring beyond the finished product which you purchase.

The remaining 15 percent of the costs come from the fastener itself. This is also referred to as the “visible cost.”

Another way to think of the TCO is what we call the “iceberg model.” The tip of the iceberg pokes out of the water and is visible, so that’s the 15 percent. The remaining 85 percent is the rest of the iceberg which is hidden beneath the water.

Every solution Bossard creates is designed to reduce costs, according to the TCO concept. Our partners and Bossard work efficiently so you can do the same—cost savings of 50 percent and more can be achieved in the areas of logistics and engineering. These savings have a lasting effect on the cost of the products, which give our customers the best value out there.

Bossard wants to answer any questions you may have about production, total cost of ownership, or about our products. Contact us anytime at ProvenProductivity@bossard.com and subscribe to our blog to learn more about our company!

Everyone involved in manufacturing wants to increase productivity and decrease inefficiencies. But how? Bossard is a company that understands the needs of the market. More and more companies are being challenged to streamline their processes and reduce costs, all in search of the next innovation.

Fortunately, Bossard is no stranger to innovation. To boost your manufacturing productivity and lower the total cost of ownership, partner with Bossard. We can help you in four simple steps!

Plan. Bossard will conduct a value stream analysis to identify areas of potential optimization. The goal is to ensure that your processes are maintaining the competitive edge necessary for your next generation of products. We provide an in-depth report with appropriate recommendations for action.

Execute. Put that plan for change into action. Completing the value stream analysis and putting together a report is one thing. Taking those recommendations and executing them is the next big step. And as your partner, Bossard will be there every step of the way in the implementation process.

Check. Once you have implemented the plan, you need to do more than cross your fingers and hope for the best. You need to keep an eye on how the implementation of the plan is affecting your processes, both positively and negatively. Monitoring the progress is important to achieving success.

Adapt. The plan isn’t going to be flawless. The key is to review how the plan is working and make modifications based on the results. Only then will you have begun to innovate and create a unique and wholly effective plan that is tailor-made to your products and services.

But this one blog post is far from a comprehensive guide to lean manufacturing. Interested in learning more? We’re here to further the discussion. Contact us at ProvenProductivity@bossard.com to get the conversation started.

Imagine you’re building a skyscraper. You have half of the building completed when you realize that there was a mistake in the original design, and now you’ll have to start construction all over again, including tearing down what you’ve already done up to this point.

But what if you could avoid that miscalculation from the beginning?

This is the benefit of working with the Bossard engineers. Bringing our experts in during the early stages of your new product design can lead to a more efficient process and also reduce your costs. How do we accomplish this? Check out the infographic below.

If you’re going to develop a new product, be sure that you’re doing the right thing from the beginning. With extensive knowledge and expertise in fasteners, coating, materials, and joint assembly our engineers can streamline your development process from beginning to end.

So what are you waiting for? Contact Bossard at ProvenProductivity@bossard.com now. Take the first step towards the perfect new product with one quick e-mail. You won’t regret it.

The mission of Bossard is to provide our customers with the lowest total in place cost of fasteners. This can be achieved by using effective design, efficient delivery systems, and multi-functional fasteners. An example of how a multi-functional fastener can affect the total cost of the assembly is illustrated in the chart below. A thread forming screw for metal purchase cost is $3.14 per 100 screws higher than the standard machine. As each step required to complete the assembly is reviewed, the final cost of the assembly is reduced by $29.50. Bossard’s staff of engineers and product experts can help review current assemblies or focus on new product design to help eliminate future costs.

To learn more about “Total Cost of Ownership” as well as streamline your processes to help reduce costs, contact Bossard at ProvenProductivity@bossard.com. We are here to help!

Supply chain management is full of challenges that can result in higher costs, wasted materials and production errors. However, there are many solutions to common problems that often occur in supply chain management. Supply chain management is the movement and storage of materials, inventory management and delivery of products.

Managing logistic solutions and supply management is an often overlooked area in many industries where time and money can be saved and waste can be cut down. Bossard is a pioneer when it comes to logistics solutions. We offer solutions that focus on the supply chain and on-site operation support.(more…)

If you are looking to increase productivity in any application or industry, the best place to start is to examine total cost of ownership of fasteners in use. By reducing the unseen costs (which can represent up to 85% of the total in place cost) a dramatic cost savings will occur during the entire life of the product model.

When looking to improve productivity and control or possibly lower cost, the total in place cost must be evaluated.

The 85/15 theory can be applied to any situation. The question may change from “where do I spend most of my time?” in regards to the tasks at hand to “where do I spend most of my revenue in regards to the task of generating a profit?”(more…)